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Suburb Insights ยท NSW 2630

Cooma 2630, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cooma is a regional centre in New South Wales, Australia, with a population of approximately 6,715, making it a smaller community. Located approximately 326 km from the Sydney CBD, Cooma is a regional area in New South Wales. The median household income is $71,448 AUD per year (ABS 2021 Census).

Investment Score

42 / 100 Moderate

Lower income levels in Cooma typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Cooma, New South Wales, Australia.

Key Indicators

Postcode
2630

Official Australia Post postcode for Cooma. A postcode may cover multiple suburbs.

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Population
6,715

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$290/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$71,448/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
326 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,300/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
76% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Cooma serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $290/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Cooma offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Rental yields in Cooma tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Limited buyer depth in Cooma makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Cooma property

Full Property Analysis

30-year projections for Cooma

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Capital growth in Cooma may remain subdued in 2026, with limited demand drivers in the near term. Tenants in Cooma have options โ€” presenting well-maintained properties is key to minimising vacancy. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Cooma a good suburb for investment?

Cooma is a regional area in New South Wales with a population of 6,715. The median rent is $290/week and the median household income is $71,448/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Cooma?

Key demand drivers in Cooma include regional employment hubs, lifestyle, and affordability. 76% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Cooma?

According to the ABS 2021 Census, Cooma has a population of approximately 6,715. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cooma from the Sydney CBD?

Cooma is approximately 326 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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